Game Analysis on Collusion Tender in the Construction Projects Bidding

Author:

Shi Hai Bing1,Li Xue Wu2,Xu Hao Jia2

Affiliation:

1. Central South University

2. National University of Defense Technology

Abstract

Causes and main forms of collusion tender in the bidding of construction projects were analyzed. In accordance mainly with the characteristics of the collusion tender, one-off game and repeated game analysis models were established respectively on the two common forms of complementary bid and bid rotation between bidders. They were analyzed with the relevant principles of the game theory. Based on the results of analysis, strategy and measures to collusion tender were proposed from the perspective of the bid inviting party.

Publisher

Trans Tech Publications, Ltd.

Reference10 articles.

1. Linping Zhao, Yun Zhou: Over Competition or Coalition-Accompanying-Bidding and Surround-Bidding. Building Economy, 2005, (11).

2. Rong Liu. Collusion tender and Its Legal Regulations. Shanxi University, (2006).

3. Shiyu Xie. Economic Game Theory. Shanghai: Fudan Press, (2002).

4. Hongyan Zhang, Wenjie Zhang. Game Analysis on Prevention of Collusion in Bidding and Purchasing. Logistics Technology, 2007, 26(4).

5. Ou Yang, Duzhou Hou. Game Analysis on Reasonable Low-priced Bid in International Project Contracting. Journal of Xi'an University of Architecture and Technology, 2005, 37(2).

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